I haven't watched a Warsh FOMC presser before. I used to like J Powell. He could lull you to sleep while your portfolio was going down in flames.

Hard to pass judgement without knowing more. People are using AI to find some really obscure "vulnerabilities" that can only be exploited under an impossible set of conditions. View quoted note →

Best game in the universe! View quoted note →

Tamarack makes good firewood if you live in the evergreen North. It's not quite as dense as true hardwoods but it's got a significantly higher energy density than pine or fir. View quoted note →

Fall colors Northern style. Tamarack (aka larch, depending on where you live) turns fiery yellow every October.

I find myself more and more preferring to sit in silence the older I get. View quoted note →

Daily dividends? There are reasons why nobody does this. This company is a fucking clown show. View quoted note →

People doing what they think they're supposed to do. View quoted note →

Huge thanks to @Blitz Wallet this is the first time I've had NWC set up since I broke up with @Alby a couple months ago.

This guy has more permissionlessness in his pinky finger than all of you put together. View quoted note →

If you know the movie we can be friends View quoted note →

🤣 View quoted note →

Ok I guess I have to give @Blitz Wallet a try now. View quoted note →

Leverage naturally builds up in markets and the free market must be allowed to periodically deleverage. Attempts to short circuit and prevent these deleveraging moves only leads to an even larger and more dangerous buildup of leverage until something breaks that nobody can stop.